IMS 3310 Test I Study Guide Solutions
International business - ANSWER-A business whose activities are carried out across national borders
Foreign business - ANSWER-The operations of a company outside the home or domestic market
Multidomestic company (MDC) - ANSWER-An organization with multicount...
Political forces - ANSWER✔✔-Local political climate, government structure, international organizations
Sociocultural forces - ANSWER✔✔-Culture, attitudes, values, beliefs of the local environment
Labor forces - ANSWER✔✔-Composition, skills, and attitudes of local labor
Technological forces - ANSWER✔✔-Technical skills and equipment converting resources into products
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